Carol Ann And Ralph V Haile Jr Foundation
- Assets
- $276.2m
- Revenue
- $1.7m
- Investments
- $268.2m
- Employees
- 0
- Location
- Cincinnati, OH
- Founding
- 11/2004
- Data as of
- 12/2023
- EIN
- 54-2135984
Organization Overview
Carol Ann And Ralph V Haile Jr Foundation is located in Cincinnati, OH. The organization was established in 2004. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carol Ann And Ralph V Haile Jr Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Carol Ann And Ralph V Haile Jr Foundation generated $1.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (21.7%) each year. All expenses for the organization totaled $14.8m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Carol Ann And Ralph V Haile Jr Foundation has awarded 2,354 individual grants totaling $126,609,713. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christine Bochenek Vice President | 40 | $192,998 | |
Bernard Mckay President And CEO | 40 | $417,440 | |
Kristen Macdougal Program Manager | 40 | $98,509 | |
Cullen Calcagno Program Manager | 40 | $86,999 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Us Bank | 12/30/22 | $1,540,492 |
2060 Reading Llc | 12/30/22 | $55,154 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,445,988 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,720,257 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,725,731 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $738,052 |
| Other employee salaries and wages | $276,191 |
| Pension plans, employee benefits | $57,739 |
| Interest | $0 |
| Taxes | $381,631 |
| Depreciation | $0 |
| Occupancy | $55,286 |
| Travel, conferences, and meetings | $60,531 |
| Printing and publications | $0 |
| Other expenses | $229,182 |
| Total operating and administrative expenses | $3,407,879 |
| Contributions, gifts, grants paid | $11,350,000 |
| Total expenses and disbursements | $14,757,879 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,867,806 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $3,081,692 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $138,108,896 |
| Net Land, buildings, and equipment | $11 |
| Other assets | $0 |
| Total assets | $276,171,000 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Carol Ann And Ralph V Haile Jr Foundation has awarded $11,350,000 in support to 163 organizations.
| Grant Recipient | Amount |
|---|---|
4C FOR CHILDREN PURPOSE: CHILD CARE TEACHER ADVANCEMENT PROJECT | $50,000 |
A MINDFUL MOMENT PURPOSE: OPERATING - CAPACITY BUILDING THROUGH COMMUNICATIONS STAFF SUPPORT | $10,000 |
ADVENTURE CREW PURPOSE: EXPANDING CREW PATHWAYS FOR CITY TEENS | $35,000 |
ARMED FORCES TICKETS ASSOCIATION - CINCINNATI PURPOSE: GENERAL OPERATING SUPPORT | $20,000 |
AMERICAN LEGACY THEATRE PURPOSE: ALT IN CLASSROOMS | $10,000 |
ART ACADEMY OF CINCINNATI PURPOSE: GENERAL OPERATING SUPPORT | $40,000 |